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- Kings Bay Georgia Real Estate - An Amusing Tale About a Real Estate Agent By Glenn Keller
This story is true and not meant to hurt anyone, but the more that I think about what happened, the more it makes me laugh. I hope that you not only get a chuckle from it as I did, but take your time and look for a professional real estate agent.Sometime back I was handling a tranaction for a client that was buying a home. A situation arose that …
- Selling Your Home on Your Own – Examples of Problems and Solutions By Raynor James
What can go wrong? About a gazillion things, but this is true if you’re working with a broker, too. A broker is probably more experienced than you, and may well have confronted and solved your problem on a previous home sale. If you can stay calm and think under stressful conditions, you can be your own problem solver without the need for a brok…
- How Appraisals and Assessments Differ By Raynor James
Many people think appraisals and assessments are the same thing or at least that they should be for the same amount. The truth is they can vary greatly. Let’s look at each of them.AppraisalsAn appraisal is an estimate of market value. An appraiser can use many methods for coming up with this estimate. For income producing property, the appraiser …
- Retirement Communities in Florida
The nation's retirement communities are in Florida. That is why retiring to the Sunshine State is the dream of every active adult above 55. It is the main factor that beckons them here apart from the weather and the tourist attractions. Here you can dream of enjoying the golden years to the maximum. A wide range of home options for every lifestyle …
- Real Estate Investing By The Numbers By Mark Walters
Just like most things real estate investing can be broken down into easy to learn step.Step One - Learn the basics:Ownership of real estate is evidenced by a valid deed. When you buy property the seller signs a deed that transfers his ownership interest to you. Most states use a Warranty Deed. With that deed the seller warrants that title to …
- Banks and Monetary Policy: the Mechanics of Interest Rates Setting By Luigi Frascati
We hear a lot about interest rates, and not only in my professional field of expertise. Interest rates are everywhere to be found in our daily lives: credit card interest, interest on deposits, car loan interest, personal loan interest, treasury bond interest. The other day I received a spam e-mail that said: "Need new socks ? Apply for our Famil…
- Home Buying Terminology -- What is FICO?
When applying for a mortgage loan, you'll likely encounter the term 'FICO' at some point. And even if you don't hear the phrase mentioned, FICO is there in the background, affecting your chances of loan approval and influencing your interest rate.
So what is FICO, and how does it affect your chances of qualifying for a mortgage loan?
FICO is a com…
- Condos Vs. Condo Hotels For Vacaton Home Ownership By Joel Greene
Condo hotels, also called condotels, are a relatively new concept in vacation home ownership. Rapidly gaining popularity, numerous condo hotels are now being built in Florida, Las Vegas, Chicago, Toronto, the Caribbean and many other locales around the U.S. and the world. To help illustrate the unique qualities of condo hotels, here's a look at …
- Estimating the Market Value of Your Home
Professional appraisers sum it up in three words -- buyers make value. Ultimately, the value of your home is what a reasonable buyer is willing to pay within a reasonable time. Setting an asking price for your home requires that you anticipate what most buyers would be willing to pay. This requires a close look at comparable home sales in your area…
- The Rising Foreclosure Rate By Mark Sumpter
While the number of new mortgages boomed between 2000 and 2003, foreclosure rates also hit record highs. Conditions have improved somewhat since mid-2003: over the last two years the foreclosure rate has flattened. The delinquency rate has also improved slightly with the number of delinquent loans hovering near 4.4%, down from highs of almost …
- Equity Discount Real Estate Investing By James Louis
Consider these parameters for a real estate deal:Property Value: $250,000
Purchase Price: $160,000
Repairs: $2,500If you analyze the numbers, you see that the equity available in this deal is $87,500 (Property Value minus Purchase Price minus Repairs).So here's a hypothetical question for you: Assuming that the information above is accurate, and …
- Virtual Agent™ Online Real Estate By Amie Walton
When preparing to sell a house, you should always consider the options of selling a home privately or listing with a real estate agent. Of course, the most cost effective option would be to sell your home privately, but what about the number of Home Buyers in the market who are not willing to consider a private sale listing?I am a firm believer t…
- Renting Property in the Docklands, London By Chris Courtis
Docklands – The OverviewThe docklands is located in the East side of London. Over the last 20 years the area has seen a huge amount of regeneration and now hosts the tallest building and some of the largest companies in the UK.The docklands has excellent public transport links as you would expect including the DLR (Docklands Light Railway) which…
- How to profit from real estate by rehabbing and retailing
Buying houses low and selling them high is called retailing. This is the most easily understood method of investing in real estate. It's the art of buying at a low price, often doing some repairs, and then selling at retail price and usually cashing out. A lot of money is made through this method. Some people do it part-time, turning 2 or 3 houses …
- Condominium Sales Contract Form By Kate Ray
A condominium is often mistaken as a type of construction or development. It is actually a type of ownership in real estate property where all of the owners own the property, common areas and the building together. The interior of the unit is owned individually, and the owner has a title to it.A sales contract is a contract of sale for the purcha…
- Renting Property in Aberdeen – The Tenant's Guide By Chris Courtis
Aberdeen – The OverviewAberdeen is located on the east side of Scotland, East of Inverness and to the North of Dundee, with a population of 212,125. Aberdeen is one of Scotland’s major Cities and is a popular residential area with 25% of the population aged between 20 and 34. Aberdeen has a strong history and heritage with a thriving community.…
- Get To Know About Building Codes & Town Planning Applications, If You Want To Build A House By Colm Dillon
These are real building questions that I received from readers of my e-book, "Residential Development Made Easy" with answers from me, Colm Dillon, and a major USA Construction Master operating in 48 States.Question 1.Are there mandatory common national building codes that every state IN THE USA must abide by?ReplyUnfortunately, the answer is no.…
- Equity By Mark Linton
Equity is the value of your home minus what you owe on your mortgage. For example, If Joe's home is worth $200,000 and Joe still owes $170,000, then Joe's Equity is $30,000.All homeowners in Atlanta Georgia and surrounding counties should be aware of the Rule of 50/20. For most mortgages, after making payments for 15 years on a 30 Year mortgage y…
- Pre-foreclosures are the Best Opportunity
Before a bank actually takes back a property during a home
foreclosure; a period of time must be served in which a
public notice is given. This is known as a pre-foreclosure
and it is your best opportunity to begin reaping the huge
profit potential available in this sector of real estate
investing. It is easy to locate pre-foreclosures because
bank…
- Pricing Your Home for Sale By Roselind Hejl
Professional appraisers sum it up in three words -- buyers make value. Ultimately, the value of your home is what a reasonable buyer is willing to pay within a reasonable time. Setting an asking price for your home requires that you anticipate what most buyers would be willing to pay. This requires a close look at comparable home sales in your…
- Buying A Duplex In Bismarck North Dakota By Fiona McLaren
There are many types of homes that people can buy. If you are moving house, you will find that you have a huge amount of properties to choose from. You can buy an apartment, a semi-detached house, a terraced house, a bungalow, or even a duplex. In fact, a duplex is a somewhat unfairly underrated type of property. There are many reasons why people…
- FSBO – You Can Save Thousands in 7 Easy Steps By Bill Carey
1.Determine Your Market Value: Some of leading edge real estate brokers offer a free over-the-net home evaluation. Online; city and county tax records, Realtor.com, bank on line home evaluation tools. Local legal business newspapers.2.Preparing Your Home To Sell: The idea is to have the best home on the market in your price range. Hire a home ins…
- Real Estate Investing in Rentals – the "$10 Million Real Estate Investing Mistake" By Dr.Phil Speer
Renting to tenants is no longer “where the money is” for real estate investing. I became a multi-millionaire landlord in the 1980s by buying $10 million in rental houses. Yet, I consider this real estate investing approach the biggest mistake in my real estate investing career. I call it my “$10 Million Mistake.”Back then, real estate investing i…
- Dunedin Florida Real Estate
Dunedin (pronounced DONE-EE-DIN or some folks say 'done eatin'') is a great place to live. It is one of the older cities on the western part of Florida and its downtown has been transformed into a haven of little shops and great restaurants and nightlife. Walking magazine recently named Dunedin one of the five most walk able downtown areas in Amer…
- Sell Real Estate Notes For Top Dollar By Steven Gillman
People sell real estate notes to raise cash quickly. A real estate note is just the loan document created when you financed the sale of your house or investment property. It could be a mortgage note, or a land-contract or contract-for-sale. The point is that the buyer is making payments to you, and you want to cash in.You can sell the entire cont…
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